I had PPF account opened in 1996, then extended for 5 in 2011, again extended in2016 and then in 2021, As I was not NRI in 2016, so the account was continued.
In FY2017 i became NRI. As NRI cannot open account now, Please guide what to do next Thanks
Ans: You are supposed to inform change of residential status as NRI to the bank/PO where you hold PPF account. You can continue PPF account contribution till maturity, after which extension is not allowed. The maturity proceeds may be transferred to your NRO account. Since you turned NRI in 2017 but extended PPF account in 2021 so in this case the concerned bank/PO will decide on applicability of extension and interest payment beyond 2021.